[video clip] >> my tax plan has lowered taxes for 98% of families, but i also lowered taxes for small businesses 18 times. what i want to do is continue the tax rates, the tax cuts we put into place for small businesses and families, but i have said for incomes over $250,000 per year that we should go back to the rates we had when bill clinton was president creating 23 million new jobs and creating more millionaires to boot. we can not only reduce the deficit, encourage job growth through small businesses that we're able to make the investments that are necessary in indication our energy. host: president obama wednesday night at the first debate. alan viard. guest: there are a few things i would take issue with. the bush tax cut to expire for the high income levels and we would be going back to the rate prevailed under president clinton. that is not quite right. there will be a new tax called the unearned medicare income tax will impose an extra 3.8% on interest, dividends, and capital gains. that will be 3.8% higher than clinton tax rates. there will also be a medicare tax will incre